chapter viii wool & wollen textiles industry - Ministry of Textiles

annual report 2011-12
(d) Group D – Factory buildings for
production purposes.
(e) Group E- Plant & machinery.
The total Project Cost for the purpose of
this Scheme includes the cost on account
of components of ITP, as listed under
Groups A, B, C and D above, provided the
ownership of the factory buildings vests
with the SPV. The SPV will, however, have
the option of seeking financial support
from Government of India for components
under Groups B and C only, if factory
buildings are individually owned.
A panel of professional agencies has
been appointed as Project Management
Consultants (PMCs) for implementing the
Scheme.
The PMCs will be responsible for the
speedy implementation of the Projects in
a transparent and professional manner
so as to achieve high degree of quality at
a low cost acceptable to the members of
the SPV for which fee will be paid to the
PMCs by the Ministry of Textiles.
The PMCs will report to Ministry of
Textiles, which shall directly supervise
the implementation of projects under the
superintendence and control of Secretary
(Textiles). The project proposal as
submitted by PMCs shall be considered
and appraised by the Project Scrutiny
Committee (PSC) headed by JS (SITP),
Ministry of Textiles. Project Scrutiny
Committee will appraise all the proposal
submitted by PMCs in terms of the project
components, viability, feasibility and time
lines of each project. The Committee
shall look into the utility of the projects in
terms of modernization & integration of
supply and management chain, and make
the final recommendations to Project
Approval Committee (PAC). The Project
Approval Committee will consider and
approve the recommendations of Project
Scrutiny Committee headed by Minister
of Textiles with Secretary (Textiles), and
JS, Ministry of Textiles in charge of SITP
as members.
Funding Pattern
The Government of India’s (GOI) support
under the Scheme by way of Grant or
Equity will be limited to 40% of the project
cost subject to a ceiling of Rs. 40 crore.
GOI support under the Scheme will be
generally in the form of grant to the SPV
unless specifically decided to be equity.
However, the combined equity stake of
GOI/State Government/State Industrial
Development Corporation, if any, should
not exceed 49%.
However, GOI support will be provided @
90% of the project cost subject to a ceiling
of Rs. 40 crore for first two projects in the
States of Arunachal Pradesh, Assam,
Manipur, Meghalaya, Mizoram, Nagaland,
Tripura, Sikkim and Jammu & Kashmir.
Status of Implementation
TEXTILE CENTRE INFRASTRUCTURE
DEVELOPMENT SCHEME (TCIDS):
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18 Projects sanctioned
GOI Share Rs.268.86 crores.
Released Rs.210.59 crores
Four Projects completed, Kannur-
Kerala, Bhiwandi-Maharashtra, and
Tirupur- Tamil Nadu, Pandesara-
Surat.
One project nearing completion i.e.
SEWA-Gujarat
APPAREL PARKS FOR EXPORTS
SCHEME (APES)
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12 Projects sanctioned
9